Exercise/Fitness

5/8/2025 |  Peloton Raises Full-Year Mid-Point Guide for Key Metrics, Revenue and Adjusted EBITDA (SGB UPDATE) In a May 8 letter to investors, Peloton Interactive President and CEO Peter Stern said the company delivered at the high end of, or exceeded, guidance on its key financial metrics while continuing to execute on FY 2025 operating goals.
“We delivered our fifth consecutive quarter of positive Adjusted EBITDA and Free Cash Flow due to improving hardware unit economics and right-sizing our overall cost structure,” said Stern. Our balance sheet is also deleveraging quickly, which de-risks our business, positions us to invest prudently in sources of future profitable growth, and over time should enable us to reduce our cost of capital,” he shared.

5/5/2025 |  EXEC: SFIA State of the Industry Report Reveals Healthy Industry Profits in 2024 (SGB UPDATE) The SFIA 2025 State of the Industry Report found that despite slower growth, a wider majority of industry executives reported company profitability improved in 2024 and are more optimistic about the state of the industry than in prior years. Tariffs, however, loomed at the top of the list of concerns.

5/5/2025 |  Amped Fitness To Enter Houston Market with Two New Clubs (SGB UPDATE) Amped Fitness, the Florida-based HVLP chain, is making its debut this summer in Houston, TX, with the opening of two new clubs.
The upcoming venues—Amped Fitness Willowbrook and Amped Fitness Gessner—represent the brand’s growing presence in the state. The Willowbrook location will be at 17355 Tomball Parkway, while the Gessner Club will open at 8700 S. Gessner Road.

5/5/2025 |  Gold’s Gym Closes Last Two Locations in El Paso (SGB UPDATE) Gold’s Gym has reported closing its last two locations in El Paso, TX.
Gold’s Gym’s El Paso Instagram account states, “Due to unforeseen circumstances, we have made the difficult decision to close our Gold’s Gym locations in El Paso.

5/3/2025 |  Pvolve Signs Four New U.S. Franchise Studio Deals (SGB UPDATE) Pvolve, the company that created the workout method that “pairs functional movement with resistance equipment,” continues to grow its national presence with new franchise agreements in Orange County, CA; Lincoln Park, IL; Barrington, RI; and Pleasantville, NY.
The newly signed deals “mark a strategic expansion into key regions,” said the company in a media release.